PL

News

Warsaw is getting "investment intense"

schedule 26 August 2014
Aneta Cichla

POLAND Warsaw has been ranked sixth in JLL’s global Investment Intensity Index as it outperformed such cities as Paris, New York and Tokyo, the company informed. The top five positions were taken by London, Oslo, Munich, Stockholm and Copenhagen.

Retail developers more interested in smaller markets

schedule 26 August 2014
Rafał Ostrowski
journalist

POLAND About 63 pct of retail space currently under construction is located in cities with populations under 400,000, according to research by Knight Frank.

Investment & finance

PointPark Properties buys eleven logistics parks

schedule 26 August 2014
Nathan North
deputy editor

CZECH REPUBLIC PointPark Properties has agreed to buy eleven Czech logistics parks from Tristan Capital Partners and VGP for EUR 523 mln.

Investment & finance

HB Reavis sells River Garden Office I

schedule 26 August 2014
Nathan North
deputy editor

CZECH REPUBLIC HB Reavis Group has sold its River Garden Office I building in Prague’s Karlín business district to Prvý realitný fond (PRF) managed by Slovakian company IAD Investments.

Investment & finance

TechnoPark Pardubice goes under the hammer

schedule 26 August 2014
Nathan North
deputy editor

CZECH REPUBLIC The Naxos auction house is selling Technopark Pardubice, with the lowest bid having been set at CZK 160 mln (app. EUR 5.7 mln).

Office & mixed-use development

CH Beck stays in North Gate

schedule 26 August 2014
Nathan North
deputy editor

POLAND German publishing house CH Beck has renegotiated its lease of 1,500 sqm of office space in the North Gate office building in Warsaw.

Retail & leisure

Józefosław centre to become Marcredo

schedule 26 August 2014
Rafał Ostrowski
journalist

POLAND Elbfonds Development is planning to change the name of Centrum Józefosław in Piaseczno near Warsaw to Marcredo Compact Józefosław.

Retail & leisure

TREI opens two new Vendo Parks

schedule 25 August 2014
Nathan North
deputy editor

CZECH REPUBLIC/SLOVAKIA TREI Real Estate GmbH, the real estate arm of the Tengelmann Group, has opened two Vendo speciality retail centres in Galanta (Slovakia) and Mohelnice (Czech Republic) of between 3,000 sqm and 4,000 sqm of leasable space.

Warehouse & industrial

Panattoni Poznań project kicks-off

schedule 25 August 2014
Rafał Ostrowski
journalist

POLAND After purchasing a 18 ha of land in Komorniki near Poznań, Panattoni Europe has started construction work on the first, 35,000 sqm building of its Park Poznań IV logistics centre.

Construction

Agmet to build Outlet Center in Białystok

schedule 25 August 2014
Aneta Cichla

POLAND Agmet, a Warsaw-based company, has become the general contractor for Outlet Center in Białystok. Developed by ADV Por Property Investment, Outlet Białystok is scheduled to open in spring of next year and house app. 100 stores on 13,000 sqm of leasable space.

Residential

More Atal projects in Łódź

schedule 25 August 2014
Aneta Cichla

POLAND Atal is building its new residential estate in Łódź, Chojny Park. Comprised of two five-storey buildings, the project is being developed on ul. Rolnicza in the district of Chojny.

TriCity's 25 shopping centres with 1,900 stores in H1

schedule 25 August 2014
Aneta Cichla

POLAND TriCity's leasable retail space supply has reached 691,000 sqm available across 25 operating shopping malls in H1 2014, while the space saturation in the region amounted to 677,000 sqm per 1,000 residents, Colliers International said in its latest report entitled ‘Shopping Centres in TriCity H1 2014.’

Retail & leisure

Work on Tomaszów Mazowiecki mall begins

schedule 25 August 2014
Aneta Cichla

POLAND Galeria Mazovia, the investor of the shopping centre that is planned to be constructed in Tomaszów Mazowiecki, has received a building permit and started the demolition work on a 4.5 ha site on ul. Barlickiego, formerly occupied by a textile manufacturer, Zakłady Przemysłu Wełnianego.

Office & mixed-use development

Łódź’s MediaHub now nearly filled

schedule 25 August 2014
Aneta Cichla

POLAND Another companies are moving into the MediaHub office building in Łódź. The three new tenants, which will jointly take up 772.4 sqm of space, include PKO Bank Polski, It Works and Europejski Fundusz Leasingowy (EFL).

Industrial investment in Europe hits seven-year high

schedule 25 August 2014
Rafał Ostrowski
journalist

EUROPE In H1 2014, investors have spent a total of EUR 8.7 bln on industrial properties across Europe, the best first half performance since 2007, a study by CBRE reveals. The figure represents a 25 pct increase versus H1 2013.

Retail & leisure

VSF Creative shows inside of Galeria Kabaty

schedule 22 August 2014
Aneta Cichla

POLAND Architectural studio VSF Creative has presented the visualization of Galeria Kabaty’s interior spaces. The Tesco’s mall is planned to be erected in Warsaw’s Ursynów district in 2015.

Investment & finance

Portland Trust buys plot to build more offices in Bucharest

schedule 22 August 2014
Agata Kłapeć

ROMANIA Prague-based commercial developer Portland Trust has bought a 4 ha land plot in Bucharest from Nusco Group. Located in North Central part of the city, the plot will accommodate a "large office project."

Budimex to build PLN 153 mln Ferrero developments

schedule 19 August 2014
Aneta Cichla

POLAND Budimex has signed two construction contracts with an Italian chocolate manufacturer Ferrero. Worth jointly PLN 153.7 mln, they come as the company's expands its production in Poland.

Investment & finance

Szczecin tenement house offered for sale

schedule 21 August 2014
Aneta Cichla

POLAND Litwiniuk Property facilitated the sale of a 240 sqm retail unit in a Szczecin tenement house. Located on ul. Bogusława X and owned by an undisclosed company that also holds the rest of the building, the space was acquired by an anonymous private investor for PLN 2.6 mln, the company informed.

Investment & finance

Strabag acquires EUR 95 mln stake in JW Marriott hotel

schedule 21 August 2014
Agata Kłapeć

ROMANIA Bank of Cyprus has disposed of its 35.2 pct share in JW Marriott-branded Bucharest Grand Hotel, initially valued at EUR 95 mln, by selling it to the Austrian construction and development conglomerate Strabag.

Edition 11 (293) November 2024

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